Bitway - Bitcoin Mining Network
What is Bitway?
This is a platform integrating an advanced hydro powered mining operation with a tokenized revenue distribution model. The headquarters is located in Norway, The mining centres will be located in the north of the country along the same latitude as Siberia and Alaska.
Today, the production of cryptocurrency requires a lot of energy. However, this is often not the limit, Bitway Such rapid growth stone and represents a great danger to our climate, in which its effects are already evident. Many who would like to mine Bitcoin, they do not know and haven't got skills to do it. This project (Bitway) will be great for them because it is an opportunity for them. It is also an opportunity for investors to realize the great benefits that Bitway Mining offers. The mining network is built on a self-supported and decentralized community.
We know that much is available today on the Internet, there is a lot of talk about mining, how to do something, compile, how to do it all. Discussions are on various forums, people ask questions, help each other with advice. There are more and more people who have started to deal with their own mining. Graphics cards are sold, cards that are slower or they mine a little so than the miner doesn't want them anymore, so he sells them to beginners or those who need it. Experiences and advice alternate. They fit the house with driveways and dig. Yet despite the controversial electricity bills, they decide to continue to do so and thus earn extra income at home. As we have noted, it is important to have knowledge and skills, but also space. Everyone can not understand how to set up the rig and how the whole system is united, to some it is just impractical and incomprehensible, but they may not even have room to set up something like this. But with Bitway, all things are possible, it is a Bitcoin mining network that offers you the opportunity to take part in a profitable Bitcoin mining operation.
How will it work?
Bitway are planning on mining any profitable crypto currencies and selling ming contracts to customers. The customer will decide which currency they wish to mine when they select their contract (Bitcoin). Mining equipment works 24/7 so often there's technical faults, rather than having to send miners away for repair, Bitway Mining plan to have working on rotation 24/7, 365 days per year servicing all of the equipment to avoid too much downtime.
Bitway Cloud-Mining was created as a means to provide green energy that saves the planet, as well as safe and secure investment funds for those who are interested either to start working in the cryptocurrency space or those who already work in this domain sphere of time. Bitway intends to stimulate the current situation in the process of developing cryptocurrency to a green/renewable model, eliminating the need for electricity consumed by fossil fuels.
The Market
People wanting to mine crypto currency are faced with the option of either setting up their own mining rig which can be expensive, complicated and time consuming or using a cloud mining company to purchase mining power. The new company state that they plan to offer contracts that will be earning % than the competition due to their economical set up allowing for a better profit margin. Their facility won't need much spent on cooling, they don't have to pay rent and the infrastructure is already in place to start the operation. Cloud mining contracts often work out too expensive, making it hard for the customer to ever ROI with increasing difficulty rates. Meaning that the'd often be better off just buying crypto currency.
At the price Bitway are promising to offer it should make them more profitable.
Benefits
- Low cooling costs, making their mining more efficient.
- Cheap electricity at just 0.06 Kilo WH
- No construction costs, it is already set up and no rent costs due to them already owning the cave.
Their plan is to get their mining rigs up and running in next few days and start making a profit for their investors as soon as possible.
However, The world is growing at a rapid rate. Progress over the last few years has been over the last 30 years. The last, perhaps the most significant step forward, the world has got the invention of crypto currency. With their arrival, many things have been improved, and so is the traditional business that, by coming to new technology, improves the working principle on more stairs. A large number of people try to get involved but not as simple as it seems.
Why Bitway Mining?
They suggest that people invest in the creation of Bitcoin mining and invest in the creation of the largest and only mining cryptocurrency in the world. The uniqueness of the mine is a natural boon of the mountain that will help them solve some mining problems, such as cooling, energy consumption and the construction of capital facilities. it is a project that offers, in their own opinion, One of the many great advantages highlighted in its project is that choosing a Bitcoin mine in a climate that is cold in the mountainous area. It is such an ideal area for the construction of such a mining farm, which as such will have less cooling costs and lower energy consumption.
Advantages of Bitway Mining
While Bitway Mining is at the beginning of creating its cryptomining site they have a huge advantage over older established bitcoin farming operations.
First, Bitway Mining is starting by buying newer mining rigs with greater computational hashing power. As Bitway Mining adds newer rigs to its inventory, it will increase its ability to mine more effectively than other farms relying on older machines.
Second, the mining inside the mountain for Bitway Mining means no dirt, particulate matter or humidity. The Chinese mining, although located at high altitude, uses large fans that draws in dust and humidity in the air which will over time impact the longevity and performance of their mining rigs.
Third, the electricity needed by the Chinese mining farms with air cooled is costly both to the environment (supplied from coal sources) and as a high operational cost. Bitway Mining which incurs much lower electricity operational costs and uses a sustainable natural electrical power source.
In Conclusion, The primary benefit is that bitcoin mining is no longer feasible for individuals, small groups, or those with older mining rigs. But with Bitway Mining’s, dividend redistribution of 70% of mined profits every month allows even small investors holding Bitway tokens the chance to collectively participate and obtain some profits from bitcoin mining. Bitway Mining enters bitcoin mining with a very efficient set up inside a cool, dry, low humidity mountain. Invest in Bitway and receive monthly payouts from the network!
For more information
Website https://bitway.net/
Whitepaper https://bitway.net/whitepaper.pdf
ANN Threadhttps://bitcointalk.org/index.php?topic=5101874.0
Telegram https://t.me/bitway_net
Discord https://discord.gg/sD4PEqg
Facebookhttps://www.facebook.com/bitway.net/
Twitter https://twitter.com/bitway_?lang=en
Instagramhttps://instagram.com/bitway_official
Username:urazl
Profile:https://bitcointalk.org/index.php?action=profile;u=2576486
Eth:0x7aBB01D7FB96d1BD378f325DE18A31267f9DeDB8